Laos clothing exports decline



Laos clothing exports decline According to Laos’ Vientiane Times and Pathet Lao News on March 27, Laos exported 37 million pieces of clothing in 2016, with an export value of appro…

Laos clothing exports decline

According to Laos’ Vientiane Times and Pathet Lao News on March 27, Laos exported 37 million pieces of clothing in 2016, with an export value of approximately US$160 million, a year-on-year decrease of 5%. The main reason for the decline in exports was the lack of sufficient labor. , low-skilled labor force and large turnover of personnel. The European Union, Japan, and the United States are the main markets for Laos’ clothing exports. Laos clothing exports decline in 2016

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